From the Wires
Keet Health Announces MIPS Guarantee for Therapists
First of its kind MIPS Guarantee for therapists eases the transition to value-based care by protecting providers and practices from costly MIPS penalties.
By: PR Newswire
Nov. 8, 2018 03:10 PM
AUSTIN, Texas, Nov. 8, 2018 /PRNewswire-PRWeb/ -- Keet Health Inc., ("Keet"), a leading patient engagement company, announced today its Merit Based Incentive Payment System (MIPS) Guarantee (1) for outpatient rehab therapists. The MIPS Guarantee aims to make it easier for eligible clinicians to participate in MIPS by shielding providers and practices from downward payment adjustment thresholds under the Centers for Medicare and Medicaid (CMS) reimbursement program. In the event a reporting provider or practice receives a penalty under the CMS MIPS reimbursement program, the cost of Keet Outcomes™ and the annual fees associated with the Medicare submission are guaranteed by Keet Health, Inc.
"At a time when the transition to value-based care (VBC) is picking up speed, the new MIPS eligibility for therapists offers an opportunity for our industry to develop the competencies needed to thrive in the new reimbursement landscape," said Holly Taylor, Vice President and General Manager, Keet Health, Inc. "At Keet, MIPS isn't seen as another reporting burden, but an opportunity to advance our profession into the future. We are committed to supporting physical therapy in the transition to VBC and, by offering this guarantee, are looking to mitigate any risk associated with quality reporting requirements."
Keet Outcomes™ enables clinicians to measure the quality of care delivered and provides intuitive tools to drive continuous quality improvement - competencies that are instrumental for the transition from fee-for-service to value-based care. The solution supports outpatient rehab therapists in meeting payer incentive program requirements associated with alternative payment models. This includes MIPS which requires eligible clinicians to provide high-quality, efficient care that is supported by certified technology. For the first time since the inception of MIPS, therapists will be eligible clinicians beginning in 2019. With Keet Outcomes™, required data is automatically collected and submitted in a way that's easy and convenient for patients, efficient for clinics, useful for providers, and actionable for management teams.
Keet Outcomes™ is powered by Intermountain Healthcare's Rehab Outcomes Management System (Intermountain ROMS), the premier clinical outcomes registry and quality reporting system for physical and occupational therapy. Intermountain ROMS is backed by 18 years of experience and 10 years of peer-reviewed research published in such journals as Spine, Archives of Physical Medicine and Rehabilitation, Journal of Arthroplasty, JOSPT and PTJ. Intermountain Healthcare is a leading innovator in value-based care delivery.
"The Intermountain ROMS team is excited to help power the Keet Outcomes™ solution. With this offering, therapists can demonstrate their value, reduce variation in practice, and provide higher quality patient-centered care. We are confident that Keet Outcomes™ combined with Intermountain ROMS will help clinicians make better clinical decisions, improve the patient experience, and allow practices to thrive," said Stephen Hunter PT, DPT, OCS, Rehab Services Internal Process Control Director at Intermountain Healthcare.
Keet believes that quality improvement starts with data and has designed Keet Outcomes™ to capture patient reported outcomes, identify care improvement opportunities through robust analytics, and handle quality reporting so providers can focus on increasing the value of their patient interactions without adding administrative burden.
"While many clinical outcome registries look to measure the care provided, Keet is focused on providing a holistic solution to improve patient care, not just measure it," said Taylor. "We feel this is a natural progression of patient engagement and key to Keet's overall strategy of helping clinicians move towards value-based care."
About Keet Health, Inc.
About Intermountain Healthcare
1 Available to new Keet Health, Inc., clients, using Keet Outcomes™ and with a go-live date by December 19th, 2018. Client agrees to Guarantee terms in an effective Business Services Agreement. Guarantee is subject to reporting year and limited to service credits, up to and including the subscription Keet Outcomes™ fee and annual fees associated with the Medicare submission. Amounts guaranteed under this program are the client's sole and exclusive remedy with respect to any downward payment adjustment to their Medicare fee schedule during the applicable MIPS year. Additional terms may apply.
To learn more about Keet Health, Inc., MIPS Guarantee, please visit https://www.keethealth.com/mips-guarantee/
SOURCE Keet Health
Latest AJAXWorld RIA Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week